New Found Gold Corp (NFGC): Hedge Fund Ownership & Smart Money Signals (Q1 2026)

Q: Is it too late to buy New Found Gold Corp (NFGC) following the 2026 Q1 hedge fund 13F filings?

As of today, NFGC has moved -19.8% since the 2026 Q1 13F filing date (May 15, 2026), compared to +1.3% for the SPY sector ETF — an outperformance of -21.1%. Since the quarter end (March 31, 2026), NFGC gained -16.5% vs +15.1% for SPY. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

New Found Gold Corp (NFGC)

87 + Investors. Track Smart Money conviction in NFGC. See who's accumulating, reducing, or initiating positions.

Smart Money Signals — NFGC

Based on 88 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 4 quarters in a row

last 6Q

For 4 consecutive quarters, more hedge funds added NFGC than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

🏔️

At the ownership peak (100% of max)

100% of all-time peak

88 hedge funds hold NFGC right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.

🚀

Fast accumulation — +91% more funds vs a year ago

fund count last 6Q

+42 new funds entered over the past year (+91% YoY). That's a rapid rush of institutional money. Fast accumulation often signals a major thesis — but it also means the stock could fall quickly if that thesis breaks.

🟢

More buyers than sellers — 67% buying

54 buying27 selling

Last quarter: 54 funds were net buyers (25 opened a brand new position + 29 added to an existing one). Only 27 were sellers (17 trimmed + 10 sold completely). A clear majority buying is a strong confirmation signal.

➡️

Steady new buyers — ~25 new funds per quarter

new funds entering per quarter

Funds opening this position for the first time: 10 → 17 → 25 → 25. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.

📌

Mixed — 35% long-term, 51% new

■ 35% conviction (2yr+) ■ 14% medium ■ 51% new

Of the 88 current holders: 31 (35%) held >2 years, 12 held 1–2 years, and 45 entered in the last year. A mixed base — the stock has long-term believers but also recent buyers who haven't been tested by a downturn yet.

💎

Buying through price weakness — shares +28%, value -31%

Value

-31%

+28%

Last quarter: funds added +28% more shares while total portfolio value only changed -31%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.

🚀

Acceleration phase — new buyers rushing in

7 → 10 → 17 → 25 → 25 new funds/Q

New funds entering each quarter: 10 → 17 → 25 → 25. The pace of institutional discovery is accelerating sharply. This is the 'hot idea' phase — the thesis is being passed from fund to fund. You are not late — the accumulation wave is still building.

📊

Mixed cohorts — 38% veterans, 52% new entrants

■ 38% veterans ■ 10% 1-2yr ■ 52% new

Of 91 current holders: 35 (38%) held 2+ years, 9 held 1–2 years, 47 (52%) entered in the past year. Balanced distribution — some institutional memory, some recent momentum buyers.

✅

Strong quality — 36% AUM from major funds

36% from top-100 AUM funds

18 of 88 holders rank in the top 100 by AUM, accounting for 36% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

5.4

out of 10

Moderate Exit Risk

Exit risk score 5.4/10 — some crowding factors present, but no critical concentration. Watch ownership trend over the next 1–2 quarters for direction.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Metric	All 13F Filers (2026 Q1)	Prior (2025 Q4)	Change
Funds Holding	87	73	19.18%
13F Shares	43M	35M	21.69%
Total Value	$68M	$105M	-35.3%
New Positions	24	25	-1
Increased Positions	28	23	+5
Closed Positions	10	10	-
Reduced Positions	16	12	+4
Total Calls	1	2	-50.0%
Total Puts	2	2	-
PUT/CALL Ratio	2.0	1.0	Bearish

Metric

All 13F Filers (2026 Q1)

Prior (2025 Q4)

Change

Funds Holding

19.18%

13F Shares

43M

35M

21.69%

Total Value

$68M

$105M

-35.3%

New Positions

-1

Increased Positions

Closed Positions

Reduced Positions

Total Calls

-50.0%

Total Puts

PUT/CALL Ratio

2.0

1.0

Bearish

Institutional Holders (2026 Q1)

87 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in NFGC. Verified SEC 13F-HR filings.

QUARTER:

FILTER:All New Added To Reduced No Change | Overweight >5%

Top 25 NFGC holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
#	Investor	% of Portfolio	Shares	Mkt Value
1	Acuitas Investments, LLC	8.95%	65,000	$126K
2	Merk Investments LLC	2.41%	4,750,000	$8.9M
3	Worth Venture Partners, LLC	0.47%	76,690	$149K
4	Sprott INC.	0.44%	7,725,030	$15.0M
5	Total Wealth Planning & Management, Inc.	0.22%	156,100	$303K
6	Kiker Wealth Management, LLC	0.21%	225,894	$438K
7	Hartree Partners, LP	0.10%	250,000	$485K
8	Heartland Advisors Inc	0.09%	900,700	$1.7M
9	Groupe la Francaise	0.06%	2,331,900	$4.3M
10	MMCAP International Inc. SPC	0.02%	119,523	$232K
11	Deer Park Road Corp	0.02%	57,860	$112K
12	Fiscal Wisdom Wealth Management, LLC	0.02%	10,280	$19K
13	Quantbot Technologies LP	0.02%	213,120	$413K
14	FWG Holdings, LLC	0.01%	18,000	$35K
15	Axq Capital, LP	0.01%	50,904	$99K
16	LVZ, Inc.	0.01%	54,119	$105K
17	Cladis Investment Advisory, LLC	0.01%	10,000	$19K
18	Wealth Quarterback LLC	0.01%	10,000	$19K
19	XTX Topco Ltd	0.01%	210,092	$408K
20	HUB Investment Partners, LLC	0.01%	150,000	$291K
21	Hollencrest Capital Management	0.01%	95,000	$184K
22	Fairscale Capital, LLC	0.01%	4,000	$8K
23	Marshall Wace, LLP	0.00%	2,437,006	$4.7M
24	Osterweis Capital Management Inc	0.00%	31,250	$61K
25	Waterloo Capital, L.P.	0.00%	22,367	$43K

Investor	Ownership History	% of Portfolio	Prev %	Rank	Conviction	Avg Buy Price	13F Score™ 3Y / 7Y	Sell Timing	Shares	Mkt Value	Change	Change %	Source	Quarter	Filed

Frequently Asked Questions — New Found Gold Corp (NFGC)

What does the Smart Money Trend signal show for NFGC?

Buying streak — 4 quarters in a row: For 4 consecutive quarters, more hedge funds added NFGC than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for NFGC?

More buyers than sellers — 67% buying: Last quarter: 54 funds were net buyers (25 opened a brand new position + 29 added to an existing one). Only 27 were sellers (17 trimmed + 10 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for NFGC holders?

Strong quality — 36% AUM from major funds: 18 of 88 holders rank in the top 100 by AUM, accounting for 36% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held NFGC?

Mixed — 35% long-term, 51% new: Of the 88 current holders: 31 (35%) held >2 years, 12 held 1–2 years, and 45 entered in the last year. A mixed base — the stock has long-term believers but also recent buyers who haven't been tested by a downturn yet.

Is it too late to buy New Found Gold Corp (NFGC) following the 2026 Q1 hedge fund 13F filings?

As of today, NFGC has moved -19.8% since the 2026 Q1 13F filing date (May 15, 2026), compared to +1.3% for the SPY sector ETF — an outperformance of -21.1%. Since the quarter end (March 31, 2026), NFGC has gained -16.5% vs +15.1% for SPY. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Market Cap	--
Enterprise Value	--
Trailing P/E	--
Forward P/E	--
PEG Ratio (5yr expected)	--
Price/Sales (ttm)	--
Price/Book (mrq)	--
Enterprise Value/Revenue	--
Enterprise Value/EBITDA	--
Beta (5Y Monthly)	--
Short Ratio (Days to Cover)	--
Short % of Float	--

Profit Margin	--
Return on Assets (ttm)	--
Return on Equity (ttm)	--

Revenue (ttm)	--
Net Income Avi to Common (ttm)	--
Diluted EPS (ttm)	--
Total Cash (mrq)	--
Total Debt/Equity (mrq)	--
Levered Free Cash Flow (ttm)	--

New Found Gold Corp (NFGC)

Smart Money Signals — NFGC

Buying streak — 4 quarters in a row

At the ownership peak (100% of max)

Fast accumulation — +91% more funds vs a year ago

More buyers than sellers — 67% buying

Steady new buyers — ~25 new funds per quarter

Mixed — 35% long-term, 51% new

Buying through price weakness — shares +28%, value -31%

Acceleration phase — new buyers rushing in

Mixed cohorts — 38% veterans, 52% new entrants

Strong quality — 36% AUM from major funds

Institutional Sentiment Summary — NFGC

Hedge Fund Ownership: NFGC

Market Analysis: NFGC

Analyst Price Targets

Analyst Recommendations

Stock Performance

Company Profile: NFGC

Is It Too Late to Buy New Found Gold Corp (NFGC) Based on Hedge Fund 13F Filings?

Hedge Fund Positioning: NFGC

Statistics: NFGC

Valuation Measures Data as of: --

Financial Highlights

Institutional Holders (2026 Q1)

Frequently Asked Questions — New Found Gold Corp (NFGC)

Welcome to 13Foresight!